this post was submitted on 21 Sep 2024
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cross-posted from: https://lemmy.ml/post/20506285

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[–] MrMakabar@slrpnk.net 9 points 3 months ago

Germany has the second lowest public spending to gdp in the EU. Only Irelands is lower and Irelands GDP is overstate due to tech companies. At the same time the German government has an amazing credit rating and a lot of investment oppurtunities in the green transition and infrastructure.

The only thing Germany has to do, is to borrow some money and spent it somewhat well. Right now debt to gdp is falling during economic problems, so borrowing can very easily done sustainably.

That would also improve the mood in the country, which is highly important.